Securosys, a Swiss cybersecurity and encryption provider and London-based CommerceBlock today announced their long-term collaboration. Securosys will provide secure key management for CommerceBlock’s public blockchain based infrastructure. This collaboration will bring performance, security, and scalability to both companies.
The CommerceBlock public blockchain infrastructure enables the distribution, exchange, and storage of tokenized assets and securities through the execution of smart contracts. In their ecosystem, they utilize federated sidechains together with CommerceBlock’s attestation service (MainStay) to combine the immutability and security of public blockchains with the flexibility of private blockchains.
Securosys is currently holding their public token sale, stage 1 ends on November 20th, 2018.
Securosys SA is a market leader in cyber security and encryption based in Zurich, Switzerland. Since its foundation in 2014, Securosys has secured the Swiss financial markets on behalf of the Swiss National Bank and protects transactions worth over 100 billion euros daily. The company serves more than half of the Tier 1 banks worldwide with the help of hardware security modules built and developed in Switzerland. Securosys is profitable and achieved sales of CHF 4.7 million with an EBIT-DA of CHF 1.1 million in 2017.